Why Did Palo Alto Networks Drop Today?
Palo Alto stock doubled in a year. Will it fall after earnings?
Overview
Palo Alto Networks (NASDAQ: PANW) stock probably should have gone up today. Instead, it's going down -- off 4.7% as of 10 a.m. ET.
Shares of the cybersecurity company should have gotten a boost this morning when Scotiabank analyst Patrick Colville raised his price target to $430 per share. So why aren't investors taking their cue from Scotiabank and buying?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.